SEC Says It’s Reviewing Recent Trading Volatility Amid GameStop Frenzy

SEC Says It’s Reviewing Recent Trading Volatility Amid GameStop Frenzy
A GameStop store is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, on Jan. 27, 2021. Carlo Allegri/Reuters
Jack Phillips
Updated:

The Securities and Exchange Commission (SEC), the top U.S. financial regulator, said Friday that it is reviewing recent trading volatility that led to the rise of GameStop, AMC, and others.

The agency said it would protect retail investors and promised to investigate actions taken by hedge funds and brokerages that might “disadvantage investors or otherwise unduly inhibit their ability to trade certain securities.”

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
twitter
Related Topics